News/Business (Page 61)

Business·Updated The Canadian economy expanded at an annualized rate of one per cent in the fourth quarter as high interest rates weighed on growth, but not enough to push the economy into a recession. StatsCan says aside from first year of pandemic, growth in 2023 rose at slowest pace sinceContinue Reading

Business Hourly wage workers get another day to make money on leap years, but for salaried employees, that extra day is likely unpaid. The average salaried worker could be losing out on hundreds of dollars on leap day Employers typically pay their salaried workers the same yearly amount, whether theContinue Reading

Business·Updated Craving a Frosty? Better get it on a slow day if you’re going to a Wendy’s that’ll be testing dynamic pricing in the U.S. The company recently announced the move for some locations as part of its new digital menus to be launched next year. Wendy’s responds to ‘surgeContinue Reading

Business Cineplex Inc. has made almost $40 million from online booking fees, which are central to a competition bureau lawsuit against the Canadian cinema chain. Commissioner says theatre chain being deceptive, while Cineplex wants claims tossedThe Canadian Press · Posted: Feb 27, 2024 11:57 AM EST | Last Updated: FebruaryContinue Reading

Business An Ontario university is pulling dozens of vending machines that were tracking the age and gender of customers in the latest example of pushback against technology that tests the boundaries of privacy rules. Questions raised on Reddit lead to all 29 machines being removed Paula Duhatschek · CBC News ·Continue Reading

Business Here’s the good news: Airfares have declined in Canada. The bad news? You might wind up paying more in added fees. WestJet, along with several U.S. airlines, recently hiked its checked-bag charges. And Flair Airlines has a new fee: a charge for paying for your flight with a creditContinue Reading

Business·Analysis Technology giant Nvidia is hitting new heights thanks to demand for products connected to artificial intelligence, leading the chipmaker to a market value that this week approached that of the entire Canadian economy. Demand for AI products helped push Nvidia’s market value to $2 trillion on Friday Anis Heydari · CBC News · Posted:Continue Reading

Swirling rumours about a beloved Canadian condiment have shone a light on what turns out is a competitive sauce market. On Monday, a Subway Canada spokesperson told CBC News that the chain is “transitioning mustard vendors, which may impact the supply of yellow mustard at certain restaurants.”  But the chatter online the weekContinue Reading

Business Lynx Airlines announced that it will cease operations on Monday, prompting questions about why discount airlines seem to fail so frequently in Canada, and what options are left for consumers who want to fly for cheap. Third-party fees make it difficult for ultra low-cost carriers to compete Jenna BenchetritContinue Reading